

Aquaman and the Lost Kingdom Budget
Updated
Synopsis
When an ancient power is unleashed, Aquaman must forge an uneasy alliance with an unlikely ally to protect Atlantis, and the world, from irreversible devastation.
What is the budget of Aquaman and the Lost Kingdom?
"Aquaman and the Lost Kingdom," an action released in 2023, was directed by James Wan and stars Jason Momoa, Patrick Wilson. The production budget was $205,000,000, placing it in the blockbuster range for action productions of its era.
Key Budget Allocation Categories
While specific budget breakdowns are not publicly available, typical cost drivers for an action production like this include:
- Stunts, Action Sequences & Visual Effects: Action films allocate a substantial portion of their budget to choreographing and executing practical stunts, pyrotechnics, and CGI-heavy sequences.
- Above-the-Line Talent (Cast & Director): A-list talent commands significant upfront fees plus backend participation.
- Production Design, Sets & Locations: Action films frequently require multiple international shooting locations, large-scale set construction, vehicle acquisitions and modifications, and specialized equipment , all of which drive production costs well above those of dialogue-driven genres.
- Casting: Amber Heard debunked rumors in November 2020 that she would not be reprising her role as Mera from the first film following allegations of domestic abuse made against her by her ex-husband Johnny Depp.
What were the major cost factors in Aquaman and the Lost Kingdom?
Several factors contributed to the overall production costs of "Aquaman and the Lost Kingdom."
- Stunts: Stunts, Action Sequences & Visual Effects is one of the primary cost drivers in action productions of this scale.
- Above-the-Line Talent (Cast: Above-the-Line Talent (Cast & Director) is one of the primary cost drivers in action productions of this scale.
- Production Design: Production Design, Sets & Locations is one of the primary cost drivers in action productions of this scale.
How Does Aquaman and the Lost Kingdom's Budget Compare to Similar Films?
At $205,000,000, Aquaman and the Lost Kingdom sits in the blockbuster range. Here is how it compares to productions with a similar budget:
- 2012 (2009): Budget $200,000,000, Worldwide Gross $791,217,826
- Alice in Wonderland (2010): Budget $200,000,000, Worldwide Gross $1,025,467,110
- Ant-Man and the Wasp: Quantumania (2023): Budget $200,000,000 , Gross $476,071,180
- The Dark Knight (2008): Budget $185,000,000, Worldwide Gross $1,004,558,444
- 47 Ronin (2013): Budget $175,000,000, Worldwide Gross $151,783,839
The median budget for wide-release action films in the 2020s ranges from $30 to 80M for mid-budget to $150M+ for tentpoles.
Aquaman and the Lost Kingdom Box Office Performance
"Aquaman and the Lost Kingdom" earned $124,481,226 domestically and $440,181,226 worldwide at the box office. Against a production budget of $205,000,000, the film showed modest profitability in theatrical release.
A film typically needs to earn approximately twice its production budget to cover marketing and distribution costs. For "Aquaman and the Lost Kingdom," that break-even threshold was roughly $410,000,000. With worldwide earnings of $440,181,226, the film cleared that threshold comfortably.
- Production Budget: $205,000,000
- Worldwide Gross: $440,181,226
- Net Return: $235,181,226
- ROI: approximately 114.7%
At 114.7%, "Aquaman and the Lost Kingdom" earned roughly $2.15 for every $1 invested in production.
Aquaman and the Lost Kingdom Production History
Amber Heard debunked rumors in November 2020 that she would not be reprising her role as Mera from the first film following allegations of domestic abuse made against her by her ex-husband Johnny Depp. That month, a petition to have Heard fired from the franchise received more than 1.5 million signatures, and came after Warner Bros. removed Depp from Fantastic Beasts: The Secrets of Dumbledore (2022) when allegations made by The Sun that Depp abused Heard were ruled to be "substantially true" in the defamation lawsuit Depp v News Group Newspapers Ltd, filed against The Sun owner.
Principal photography began on June 28, 2021, using five stages and the backlot at Warner Bros. Studios Leavesden in Watford, England, alongside an external water tank. Filming used the working title Necrus, referring to the lost underwater kingdom of Necrus, which is featured in the film.
Rupert Gregson-Williams revealed in August 2021 that he was returning to compose the score for the sequel after doing so for the first film and DC's Wonder Woman (2017). The song "Deep End" was performed by X Ambassadors and released as a single on November 17, 2023. The soundtrack album for Gregson-Williams' score was released by WaterTower Music on December 22.
Awards and Recognition
1 win & 6 nominations total
Critical Reception
The film received negative reviews from critics. The review aggregator website Rotten Tomatoes calculated that 33% of 212 critic reviews were positive and the average rating was 4.9/10. The website's critical consensus reads, "Jason Momoa remains a capable and committed leading man, but even DC diehards may feel that Aquaman and the Lost Kingdom sticks to familiar waters." Metacritic assigned the film a weighted average score of 42 out of 100 based on 43 critics, indicating "mixed or average" reviews.
Frequently Asked Questions
How much did it cost to make Aquaman and the Lost Kingdom (2023)?
The production budget was $205,000,000, covering principal photography, visual effects, cast and crew salaries, locations, sets, post-production, and music. Marketing and distribution (P&A) costs are estimated at an additional $102,500,000 - $164,000,000, bringing the total studio investment to approximately $307,500,000 - $369,000,000.
How much did Aquaman and the Lost Kingdom (2023) earn at the box office?
Aquaman and the Lost Kingdom grossed $124,481,226 domestic, $315,700,000 international, totaling $440,181,226 worldwide.
Was Aquaman and the Lost Kingdom (2023) profitable?
The film did not break even theatrically, earning $440,181,226 against an estimated $512,500,000 needed. Ancillary revenue may have improved the picture.
What were the biggest costs in producing Aquaman and the Lost Kingdom?
The primary cost drivers were above-the-line talent (Jason Momoa, Patrick Wilson, Yahya Abdul-Mateen II); visual effects, practical stunts, and A-list talent compensation.
How does Aquaman and the Lost Kingdom's budget compare to similar action films?
At $205,000,000, Aquaman and the Lost Kingdom is classified as a mega-budget production. The median budget for wide-release action films in the 2020s ranges from $30 - 80M for mid-budget to $150M+ for tentpoles. Comparable budgets: 2012 (2009, $200,000,000); Alice in Wonderland (2010, $200,000,000); Ant-Man and the Wasp: Quantumania (2023, $200,000,000).
Did Aquaman and the Lost Kingdom (2023) go over budget?
There are no widely reported accounts of significant budget overruns for this production. However, studios rarely disclose precise budget overrun figures publicly. The reported production budget reflects the final estimated cost.
What was the return on investment (ROI) for Aquaman and the Lost Kingdom?
The theatrical ROI was 114.7%, calculated as ($440,181,226 − $205,000,000) ÷ $205,000,000 × 100. This measures gross revenue against production budget only - it does not account for P&A or exhibitor shares.
What awards did Aquaman and the Lost Kingdom (2023) win?
1 win & 6 nominations total.
Who directed Aquaman and the Lost Kingdom and who were the key crew members?
Directed by James Wan, written by James Wan, David Leslie Johnson-McGoldrick, Jason Momoa, Thomas Pa'a Sibbett, shot by Don Burgess, with music by Rupert Gregson-Williams, edited by Kirk M. Morri.
Where was Aquaman and the Lost Kingdom filmed?
Aquaman and the Lost Kingdom was filmed in United States of America. Principal photography began on June 28, 2021, using five stages and the backlot at Warner Bros. Studios Leavesden in Watford, England, alongside an external water tank. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Filmmakers
Aquaman and the Lost Kingdom
Official Trailer








































































Budget Templates
Build your own production budget
Create professional budgets with industry-standard feature film templates. Real-time collaboration, no spreadsheets.
Start Budgeting Free
